Fundamental: Powell Set to Lay Groundwork for Higher Rates on Capitol Hill

Federal Reserve Chair Jerome Powell is expected to echo fellow central bankers in suggesting interest rates will go higher than policymakers anticipated just weeks ago if economic data continue to come in hot. Powell heads to Capitol Hill this week as Fed officials eye raising rates several more times to quell stubborn inflation — a message that's making ...     Alert Mar 6, 2023, 3:45am Fundamental: Powell Set to Lay Groundwork for Higher Rates on Capitol Hill Federal Reserve Chair Jerome Powell is expected to echo fellow central bankers in suggesting interest rates will go higher than policymakers anticipated just weeks ago if economic data continue to come in hot. Powell heads to Capitol Hill this week as Fed officials eye raising rates several more times to quell stubborn inflation — a message that's making ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support